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Stifel to acquire London-based Oriel Securities

London

Stifel Financial has announced that it is acquiring Oriel Securities, the London-based stockbroking and investment banking firm, to build out the Company’s international platform across all of its institutional businesses.

Deutsche Bank resigns seat on precious metal fixes

Gold Bar And Coins

Deutsche Bank has resigned its seat on the London precious metal fixes without finding a buyer, a spokesman for the lender said on Tuesday, leaving four banks to set the global gold price benchmark under increasing regulatory scrutiny.

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